Whether you are looking to start building credit, or repairing your current credit, there are very similar requirements. Here are the basics of what you should be aiming for: · 2 different sources of credit · The limit of both should be at least $1000 · They generally prefer to see at least a 12 month history · Payments made on time every month · Balances kept low (under 30% if you can) The easiest way to start is typically with a pre-paid (or secured) card. I currently have access to a very reliable lender who is offering secured VISA’s. You can choose anywhere from $500-$10,000. You also have your choice of interest rate. For a fee of $5 a month, your rate would be 14.9% and for no fee it is 19.99%. The only stipulations are that you must be discharged from a bankruptcy if you are going through one and if you are in a consumer proposal, you must be up to date with your payments. They are ok with having collections items